The
'balance of trade' is the balance (the difference) between the value of
the incoming products and the value of the outgoing products. For the
Philippines the 'balance of trade' is negative for many years. It
means that the Philippines has to pay more for the products which are
bought outside, than the earnings from selling products to foreign
countries. That can be seen as a negative situation.

Balance
of trade

'Balance of
trade' between the Philippines and the most
important Trading Partners (in thousand / US $)